South Korea


Markets

Crypto Corrupts the Youth? South Korea Prime Minister Says So

Prime Minister Lee Nak-yeon reportedly frets about kids selling drugs and pyramid schemes while regulators draft rules for South Korea's exchanges.

Lee Nak-yeon, Prime Minister of South Korea

Markets

Bitcoin Price Tops $10,000 on Korean Exchanges

The price of bitcoin is trading above $10,000 at several South Korea-based bitcoin exchanges, market data reveals.

Won

Markets

South Korean Finance Watchdog Has 'No Plans' to Regulate Bitcoin Trading

The governor of a South Korean financial regulator has said it has "no plans" to supervise cryptocurrency trading.

Seoul

Markets

Bitcoin Is a Commodity Not a Currency, Says South Korean Central Bank Chief

The head of South Korea's central bank has ruled out classifying bitcoin as a currency, according to a new report.

Won

Markets

App Maker Kakao Begins Beta Testing New Cryptocurrency Exchange

South Korean fintech firm Dunamu has launched open beta services for its new cryptocurrency exchange platform Upbit.

Korean flag

Markets

Police Confirm North Korean Connection in Bitcoin Exchange Phishing

Law enforcement officials have confirmed that hackers from North Korea sought to steal bitcoins from exchanges in South Korea.

shutterstock_148621262

Markets

South Korean Regulator Issues ICO Ban

South Korea’s financial regulator has prohibited blockchain token sales today, as well as ordering a halt to cryptocurrency margin trading.

korea

Markets

Gaming Firm to Buy $80 Million Stake in Korean Bitcoin Exchange Korbit

Gaming firm Nexon has agreed to buy a majority stake in South Korea's Korbit cryptocurrency exchange for roughly $80 million.

Korean won

Markets

Fintech Firm to Launch Cryptocurrency Exchange in South Korea

South Korea is getting a new cryptocurrency exchange – one backed by an already established fintech firm called Dunamu.

Seoul, S Korea

Markets

North Korea Is Targeting South Korea's Bitcoin Exchanges, Report Claims

Actors tied to the isolated nation have been involved in attacks on crypto exchanges in South Korea, a prominent U.S.cybersecurity firm said.

North Korea, Kim Jong Un